Polkadot’s dot fell more than 3% in the last 24 hours, sliding from $ 4.09 to $ 3.96, according to the technical analysis model of Coindesk Research.
The support has formed around $ 3.91- $ 3.93 with notable volume peaks during negotiation sessions during the night, according to the model.
The volume analysis points for exhausted sale near the current support areas.
The tie presented a web seminar today on real world use cases for the Polkadot block chain, according to an X publication.
The drop in DOT occurred when the broader cryptographic market also fell, with the broader market meter, Coindesk 20, recently 1.2%.
In recent negotiation, the DOT was 3.1% lower in 24 hours, quoting around $ 3.95.
Technical analysis:
- The price decreased more than 3% in the 24 -hour period from $ 4.09 to $ 3.96.
- Support levels established around $ 3.91- $ 3.93 rank.
- Identified resistance zone between $ 4.03- $ 4.07.
- Peak volume to 3.97 million at 00:00 UTC, above 2.26 million average.
- The critical support break occurred at a level of $ 4.02 during the final time.
- The volume decreased in the last minutes, which suggests selling exhaustion.
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